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Lowe's Companies LOW Reportable Segment — Occupancy and facility costs

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Other financials

Income statement

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Revenue$23.1B+10.3%
Gross profit$7.5B+8.0%
Operating income$2.6B+2.4%
Net income$1.6B-0.8%
EPS (diluted)$2.90-0.7%

Balance sheet

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Cash & equivalents$786.0M-74.3%
Total debt$41.7B+20.0%
Total equity-$9.3B+30.1%
Total assets$54.9B+21.1%

Cash flow

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Operating cash flow$3.4B-0.9%
CapEx$521.0M+0.6%
Free cash flow$2.8B-1.1%

Valuation

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Market cap$123.32B-7.7%
Enterprise value$164.27B-2.1%
P/E18.6×-0.9×
P/S1.4×-0.2×

Profitability

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Gross margin33.3%-0.1pp
Operating margin11.5%-0.8pp
Net margin7.5%-0.7pp
FCF margin8.6%+0.6pp

Returns & leverage

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Return on equity631.1%
Debt / equity59.3×
Current ratio1.1×+0.1×

Where this comes from

Reported directly by Lowe's Companies in its filing.

Tagged under the XBRL concept low:OccupancyAndFacilityCostsPercent.

The source filing: Lowe's Companies’s 10-Q, filed May 28, 2026.

Filed
May 28, 2026, 4:49 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q2 2026
Accession
0000060667-26-000072
(In millions, except percentage data)Three Months Ended / May 1, 2026 / AmountThree Months Ended / May 1, 2026 / % SalesThree Months Ended / May 2, 2025 / AmountThree Months Ended / May 2, 2025 / % Sales
Cost of sales14,07966.0213,94466.62
Expenses:
Employee compensation and benefits2,84713.352,81213.44
Occupancy and facility costs4922.314692.24
Advertising2070.971990.95
Other segment items16473.035662.70
Selling, general and administrative:4,19319.664,04619.33
Depreciation and amortization4662.194462.13

Item 1. Financial Statements

FAQ

What is Lowe's Companies's reportable segment — occupancy and facility costs?
Lowe's Companies (LOW) reported reportable segment — occupancy and facility costs of 2.3% in Q1 2026.
How has Lowe's Companies's reportable segment — occupancy and facility costs changed year-over-year?
Lowe's Companies's reportable segment — occupancy and facility costs increased by 3.1% year-over-year, from 2.2% to 2.3%.
What is the long-term trend for Lowe's Companies's reportable segment — occupancy and facility costs?
Over 2 years (2023 to 2025), Lowe's Companies's reportable segment — occupancy and facility costs has grown at a 77.1% compound annual growth rate (CAGR), from 2.1% to 6.7%.
What does reportable segment — occupancy and facility costs mean?
Covers the costs associated with maintaining and operating physical retail locations, including rent, utilities, property taxes, and maintenance. These are essential fixed costs for brick-and-mortar retail operations.

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